Georgia: domestic exports up in 2022

Georgia exported locally produced goods worth $5.59 billion in 2022, up by 31.8 YoY, preliminary data from the National Statistics Office of Georgia showed. Geostat said local exports in the country accounted for 66.2% of total exports in 2022, amounting to $3.70 billion, up by 18.4%. Georgia’s top trading partners were: China – $694.8 million,…

Georgia: government strategy includes large investments in renewable energy

The Georgian Government has developed a strategy with large investments in renewable energy, including solar and wind energies, and a plan to use “this cheap energy” and the “strategically important” location of the country, Georgian Prime Minister Irakli Garibashvili has said at a panel discussion Eurasia’s Middle Corridor: From Pathway to Highway within the framework…

Moldova: 40% of railways network in damaged state

40% of Moldova’s railways network is in damaged state and has speed restrictions. At the same time, practically the entire fleet of railway carriages of the enterprise Railway of Moldova (CFM) will reach their exploitation limit in 2025. The CFM director general, Oleg Tofilat, unveiled data on January 19. “All maneuver locomotives are older than…